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GENERAL FUNCTION:
Pursuant to the Bancorp Risk Framework, executes credit risk management strategies and policies, exercising independent judgement and providing constructive and credible challenge to credit risk recommendations, credit risk portfolio management and monitoring, approves credit exposure, providing feedback on proper structuring and pricing. Monitors ongoing credit administration and attends LOB pipeline meetings to ensure credit standards are followed across assigned business segment. Participant in customer calls as needed. Monitors credit quality through forward looking analysis as well as reviewing system-generated reports.
Responsible and accountable for credit risk management and constructive, credible challenge by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank’s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
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ESSENTIAL DUTIES & RESPONSIBILITIES:
- Approve or reject most complex loans within delegated authority and approved risk limits including where difficult questions of policy or credit risk may be involved.
- With Line of Business (LOB) input, ensures that policies, including enterprise level policies, appropriately reflect the Bank’s credit risk appetite and are approved and reviewed in an appropriate and timely manner.
- Advise credit and loan personnel on the company's overall policy, noting significant forward looking trends and recommending policy changes if necessary.
- Provide necessary forward looking review for ongoing maintenance of credit exposure as applicable.
- Review and challenge credit approval packages for loans approved within the LOB’s lending policies, limits, appetite, and delegated authorities.
- In event of a limit breach, collaborates with the LOB to develop and execute action plans to return the relevant credit exposure to a level within credit risk appetite.
- Responsible for providing effective, credible challenge on client selection, risk identification/mitigation, and adherence to risk appetite, policies, and underwriting standards.
- Credit Risk Officers may participate in LOB deal screens to ensure engagement and provide early constructive feedback on opportunities.
- Review periodic Bancorp credit quality reports to assess assigned LOB’s adherence to the Bank’s credit risk appetite and business objectives.
- Attend and provide effective, credible challenge to the LOB in various meetings including administrative loan meetings, portfolio review meetings, etc.
- Provide information, analysis, and credit risk and portfolio recommendations to the Senior Credit Officer.
- Represent Bancorp in high-level customer interaction as well as community affairs.
- Adjudicate requests to change regulatory classifications both for upgrades and downgrades.
- Responsible for oversight and challenge to the LOB regarding the timeliness of transfers to the Special Assets Group.
- Accountable for the following as it relates to a portfolio review:
- Using both internal and external data to identify portfolio trends such as increasing concentration risks, increasing industry risks, increasing material underwriting exceptions and emerging risks.
- Determining a Direction of Risk (DOR) and Level of Risk (LOR) for the portfolio, together with actions that should be taken to reduce risk or strengthen risk management ensuring that, amongst other things, lessons learned are identified and operationalized where appropriate.
SUPERVISORY RESPONSIBILITIES: May supervise others. Responsible for providing employees timely, candid and constructive performance feedback; developing employees to their fullest potential and provide challenging opportunities that enhance employee career growth; developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees for accomplishments.
MINIMUM KNOWLEDGE, SKILLS & ABILITIES REQUIRED:
- Bachelor's Degree in Finance, Business Administration, or Accounting. Master's Degree preferred.
- Ten+ years of related credit experience.
- Financial and credit analysis including portfolio management.
- Knowledge of the banking industry, relevant banking regulation, commercial banking, capital markets, and treasury management products and the associated risks.
- Proficient in basic spreadsheet applications such as Excel, Word, etc.
- Demonstrated ability to learn and understand various computer systems.
- Excellent communications and organizational skills.
- Excellent people/relationship building skills.
WORKING CONDITIONS:
- Normal office environment with little exposure to dust, noise, temperature and the like.
- Extended time at desk, viewing computer screens.
Credit Risk Officer
Total Base Pay Range 120,400.00 - 241,300.00 USD Annual
LOCATION -- Dallas, Texas 75240
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
